Topic: The attractiveness of Bitcoin among my friends (Read 630 times)

You have a point OP as it is difficult to convince someone if you never show what you achieve from investing in Bitcoin. Whether your intention of showing your wallet to your friends is good but still, you need to be careful with them. We don't have to ignore the current situation now where it is too hard to trust someone, especially when it talks about money.

I did this as well to some of my friends and relatives but not to strangers. And I see how it changes their minds when seeing balance in my wallet and showing interest in their eyes. Yes, it is a big help for doubtful people to clear negativity in their minds.

When it comes to wallet security then of course it would really be just that common sense that you would really be not exposing your keys and would really be keeping it safe because you do know that you do have something that being kept or simply its your wallet or simply having the money or value. Its true that when it comes to possible questions from other people then they would really be definitely be having those questions
on how did you do that because on the moment that they've seen you having a good life in terms of financial condition or status then they would really be trying out to mimic you and do the things that you are engaged into.
How to make money is something that would really be attractive in all of people because we do know on how important it is and we are thriving on day to day living on how to acquire and do those things that could be possibly be able to lead it up.

Just like on what mentioned above that the only thing that you should do to avoid potential problems or issues in relation is that never ever make those guarantees that they can make
money just like you do. We do know that decisions and choices will really vary or depend on someones experiences and awareness.

Maintaining your wallet key properly is of course very important and we have to really save it and remember where we save it and don't let it happen that after we make an investment we can't access the assets we have invested in due to losing the wallet key we have saved.

You are right, when someone has achieved good results from the investment they have made, of course other people will ask how to do what we have done and it would be better if someone asked about the investment we made, they should be able to explain in detail and not ever suggest to other people what we have done, because it is not certain that they will be able to accept the failure that can be experienced by every person who is just starting out.

Being informed about investment risks is important - but most people seem to understand that no one is free from risk once they become an investor. The risk of price volatility is not the worst - but they should be told that the risk of losing access to the wallet is much worse than the others.

The best attraction about bitcoin investment among people is - when they see you, their friends or other people being successful. Many people will come and ask you how you can make money and buy whatever you want - but if you fail, they will never come and give you support. Don't rush into becoming a mentor – you are not responsible for someone else's financial future, but you can really change their mindset when you are a successful person.

Yes, this is true and always the thing that you should really be having in mind is to have that kind approach on telling out about the risks. We do know that in every investment then it would be normal that there would really be risks accompanied to it and Bitcoin or crypto is no exemption or even rather being that too risky compared to others but in speaking about rewards and profitability then it would really be giving out on the same ratiio. This is why that the higher risks the higher the reward and this is something that will really be that a casual but of course there would really be still considerations to take on.
Just like on what been said above that whenever you do make those kind of explanations then always remember on telling the risks.

There are really people who are really that having those kind of first impressions basing up on what they are seeing on other people without even trying out to make themselves digging
more deeper on what they are dealing with and just focusing on how much that they would really be able to make and this is a very wrong approach to have specially when dealing up with
investment specially on crypto world. So dont skip out on explaining about therisks involved so that they wont really be ending up on getting shocked.

That's why before teaching friends or family about crypto, the first thing that must be taught is about risk, because this is very important to start investing in the world of crypto. There are lots of people out there who educate their friends by only showing the benefits without teaching them about the high risks of not doing their own research or so on. Then what happens, when he experiences a loss, we are the ones to blame. but if we say the first risk then of course when he loses we can't be blamed, even if there is it might be very small.

I have mentioned investing in bitcoin several times when gathering with friends about the risks and benefits of bitcoin, but I have never forced them to invest too. If any of them are serious about investing, I advise them to do their own research, especially regarding wallet security. because if they do their own research, even though Bitcoin is going down, they will no longer panic because they have changed their mindset that Bitcoin is a long-term asset.

Exactly, This is the main thing that hesitates me on telling someone even up into my friends about on the opportunity that they could possibly get into this space specially into those friends or close people that we do know.Somehow not all people would really be having that kind of behavior on trying out to make themselves that greedy on not to share up these opportunities, it is really just that we dont really like on getting blamed
at the moment that they would really be losing money because this is usually the case on where people would be making out such reaction because we do know that losing money is never been that appealing and never been that a good experience. No matter how close you are with a friend or how long you've been but still it could be changed up in a snap on the moment that we are talking about money.

Just like on what been said that i would rather prefer on making myself that getting silent and would really be working in silent rather than on getting blamed basing up into those things that you had recommended.
On the moment that you would be tending to share up these opportunities then never ever make yourself that forgetting on telling them about the risks involved so that they would be at least wary
on the things that they've been dealing with.

I'm not at all challenged to do it as you understand. I don't like playing in a vicious circle that can make people blame me when they feel like they are in hell.
You're right, close this chapter and move on to another topic.

I'm also still not too brave to invite people and teach people about Bitcoin if it comes from me. But if they come to me with the intention of asking me to explain Bitcoin from the advantages and disadvantages, I am willing to teach them without expecting payment.

Everyone will certainly be interested in learning it when they see that there are people who have succeeded in the field that their friends are doing and if indeed we can teach them, I don't think this is a problem as long as we explain to them in detail about the possible losses when they make mistakes in carrying out their activities. what we have conveyed to them and they must bear the consequences themselves from what you have conveyed, it is very true that the crypto market is very risky. If they have the courage to try it, they must also have the courage to bear what they experience and must not blame other people for their failure.

I get the hint that you are challenged to do it around you, but I think you should know what the consequences are.
You know what I'm trying to say, some fools will perceive you as someone who is trying to trap them in a vicious circle, which means they don't believe in bitcoin enough at the same time. If you find it like that, close the chapter and move the conversation to another topic.

To this day, I don't take responsibility for teaching Bitcoin to some one without them starting it first. They need to get information first in other ways before you become their mentor. Of course, such people are more likely to be redirected than you offering to teach them first.

Our reach to measure people so we can find personality sometimes will not be found in a short time. Putting forward positive thoughts towards people is good and recommended for us as humans, but many things also end in hatred.

As long as the person is still on the same frequency as our way of thinking, then it will lead to satisfactory results because by giving himself the opportunity to continue to learn about Bitcoin investment assets, it will be equally profitable in a broad sense and we will continue to be encouraged to convey everything we know. know about Bitcoin starting from how it works, the risks and benefits of Bitcoin.

If this applies to both parties, it would be great for us to be able to introduce and bring people towards a financial system that has freedom.

You did nothing wrong OP, There is no need to shy away, or hide the fact that you are into Bitcoin, for how long are we going to hide it, Bitcoin Topic is no longer a new topic even the younger ones are using it for Transactions now.
You did well by, explaining the risk and also indulging them to go learn about it, there is no need for exaggeration or feel like we are going to be blamed for anything.

One thing is sure, Result attract People, let create more enlightenment.

I feel like just redirecting them to somewhere else is a much better way, I understand that some people may want to be helpful and I love that too, there is really nothing wrong with that, but at the end of the day we are talking about a situation that is going to be quite tough if we are not careful at all. This is why I believe that we need to make sure that everything looks quite normal and not that crazy.

We should consider the situation to be very entertaining, and because of that I believe people do help, because they think doing it with friends would be fun, but in the end it becomes quite terrible if things do not go well. So it is wiser to just redirect them somewhere else that they can learn and not really get involved with it.

A very common human being behavior on which on the moment that you would be able to see someone specially on your close friends or you do know which have that good living in terms of their condition or status then you would really be having that kind of question on what are the things that they are dealing with. So the next thing that you would do? Then you would definitely ask and this is something that you would really be asking
on how its been done, and for you who is really that earning that well then if you arent that selfish type of person then you would really be telling them about the basics on which it would really be a normal thing to be done.
The important thing that you shouldnt be forgetting to tell that on means of investment would really be having that corresponding risks. They shouldnt really be thinking that they could make easy money on this market.

Just like on what other people been saying above is that on the moment that you do deal with Bitcoin investment is that you should really be prepared about on the risks involved.
This is something that you should really be telling into your friends so that they wont be pointing out fingers on you at the moment that they do have negative portfolios.

We all know that bitcoin is still not accepted by majority, so even if you set yourself as an example of bitcoin investor, still that won’t change the first impression of people, that crypto or bitcoin is a ponzi scheme that’s why it’s risky to be attached with it. So just leave it as it is, you don’t have to force people to like and embrace bitcoin just because you did it.

The best thing you can do is continue to invest in bitcoin secretly, without telling the people even your close friends and relatives that you are into bitcoin. And when you have gained positive developments from bitcoin, let your success talk about bitcoin, that’s the only time they will immediately rush into bitcoin without doubt and hesitation.

People will show interest if we have succeeded in what we have done. Experience has taught us a valuable lesson that anything that deals with money should be avoided. Not because we are afraid of other people surpassing what we have achieved, but rather to avoid being blamed for the disappointing results we get.

The crypto market contains risks. Bitcoin prices cannot be predicted easily. If they are unable to accept reality with the desired expectations, the result is that we will be hated and blamed.
You're right. Our focus is ourselves. If they want to ask to study, the door is always open. Don't blame us if he doesn't have mental readiness.

I agree with you and with my little experience, it's better just sticking with your bitcoin investment rather than focusing on letting people know about your secret assets of investing on bitcoin as a medium of convincing them to also invest in the system. What for exactly? At what level would it really be of your benefits? These should always be your self questioning so that you don't intend to help one out where it'd turn against your goodwill.
I think that living an amiable life that'd attract people to directly question your source is a better way to tell about Investing on bitcoin in the first place but then mostly emphasize on the Cons so that whoever that finally Invests on it can manage their emotions when the digital markets encounters deflations while holding their bitcoins assets. Then they'd understand that the industry I basically about long term holding to prosper.

I also didn't see the OP mention that he talked about the risks of investing in bitcoin for them.

In my opinion, when introducing bitcoin or teaching someone to invest in bitcoin, we should emphasize the utility and use cases of bitcoin so that they understand the true potential of bitcoin. Additionally, we should emphasize the risks they may face when investing in bitcoin. We should not talk too much about profits because it will mislead them into thinking that making money from bitcoin is easy or will make them only consider bitcoin as a get-rich-quick tool.

Personally, when talking about bitcoin with anyone, I often emphasize the risks even though I know that it can scare them and make them not want to invest. But if they accept and still want to invest in bitcoin, they will easily succeed with their investment.

I do agree that we should not really force crypto into anyone, that will not give you a good result at all, people would simply be just hating you for getting them into it. Just avoid that, if you really want to make bitcoin attractive to use or adopt, then you should just focus on how you could just make it work, I believe that the best thing to do right now would be just focus on how you go about your own day, and make bitcoin quite attractive for people to come.

You do not tell people to use bitcoin, you make bitcoin very amazing to be used, and people will want to adopt it themselves without you telling them to do that. This is why it's quite important to realize the difference between pressuring and marketing your way into bitcoin adoption.

Don't bring in reinforcements if the gang doesn't ask for it because it carries a big risk.
Secrets will be revealed not tomorrow, next week, next month and next year, but secrets will be revealed when we least expect it if it concerns more than one person.
Our delivery will initially sound normal to them and we have to believe that there is one ear that will look further into what we have said.
For privacy reasons, I don't think it is necessary to convey to others that we are Bitcoin investors.

the fact that bitcoin right now is seen as legitimate investment honestly helps me a lot in explaining what is bitcoin from investment standpoint the presence of ETF is also such a huge help, when people ask how to invest bitcoin, i just answer find the meaning of what bitcoin truly is and head to the ETF, since its ETF, they should know before hand what risk these investment carries.
back than it wasn't so easy, everyone pretty skeptic about investment in bitcoin even to such extent of considering it just a temporary trend well turns out they are wrong.
honestly though I just never really feel like explaining such thing related to investment to anyone out there, its just feels like a burden later on when they encounter unfortunate fate of losing money due to fomo and I know well that even the most disciplined investor if they are faced with that information of other people making millions out of their investment they gonna get into the fomo train as well its just matter of time and greed.
that's why I just never really want to speak about investment at all not only limited to bitcoin though but even stocks, forex trading and so on it kinda saves me a lot of trouble moving forward, since pretty much in my opinion right now everyone know investment and they also know bitcoin anyway.
even the people in remote place are right now understand what cryptocurrency is, they already know it exists and it is an investment.

but speaking of the fact these past years have been truly a good year for bitcoin the fact that it climbed from low market valuation to this massive 2.6 trillion dollar market is already making many people interested so much into the world of crypto investment and we are still in the early stage of adoption, things just gonna get better and better along the way and i'm pretty sure of it.

Had similar discussions with friends on FB, though it was something to do with going back in time what would you tell your younger self and honestly I was impressed to see most of my buddies all vouched to tell the younger self to jump onto a Bitcoin investment which tells me alot of people are very much aware of Bitcoin even if they don't talk much about it..but clearly Bitcoin is very much attractive

But OP with your case, I think your buddies were more interested in Bitcoin after being told of the flexibility to work, stress free environment   etcetera , who wouldn't want these benefits. And the risk part of Bitcoin got me lol   , well played!!

We cannot force anyone that he should do Bitcoin investment but we can just share our views or thoughts about Bitcoin because if they get success then they will not give money to us and if they face loss then we will not help them to recover that loss back. There are some individuals who don't give any concentration on understanding the market and are not familiar with Bitcoin but as they know that Bitcoin is a money making asset so they rush towards its investment.

Beginners will panic if they decide to invest without getting Knowledge but if they achieve accurate knowledge then there will be no difficulty for them during the market dump because they will manage their investment through various strategies.

One of the things that i dont really like is to get blamed on something which isnt my fault. This is why at the moment that you would really be making out some introduction to your friends about Bitcoin or crypto then dont always forget on telling them or having those cautions on having those risks on losing money because if not then for sure you would really be ending up on getting blamed in the end of the line.
Whenever there's someone who would really be having those kind of asking questions about this and that then i do simply show them some website or youtube vids explaining the basics.
At the moment that they do have some follow up questions then this is the only time i would really be answering but of course you should really be cautious on what you are tending to explain.

The problem is that if you are the one who show them how to get the start, then they are going to blame you for making them start if they lose money. Now, I know you might be thinking "I did not tell them to buy it, I just showed them how to because they asked, why would it be my problem if they lose?" but that's not how human brain works.

Unfortunately, even though it is 100% of their fault and you do not have even 0.000001% mistake in there, they still remember you as the person who helped with their mistake. If you did not helped them, even though they are asking about it, they would not be able to invest, and not lose that money. That's how they combine those two together, and that makes it quite hard for them to see you like without mistake at all.

Teaching them how to invest in Bitcoin will never be a crime. But you see, one thing I will advise you on is that you should tell them about the risks associated with bitcoin investment. Because telling you that they are interested does not mean they will be able to take the risk, and the fact that they already use it in their business and get money daily, I am still doubting if they can do a bitcoin investment or even take the risk in it, so I think you go back and tell them the risks that they may come across after the investment.

because not all of them will understand they should invest the amount they can afford to lose; there is no amount we can afford to lose; it is just a matter of sacrificing some amount of money in bitcoin investment. You need to explain everything to them; if not, you will be the one to blame at the end of the day. The reason why I say this is that you did not indicate that you had told them the risk. 

I get your points very clear, I understand that there are certain persons you would initiate about investing on Bitcoin with and they would ridiculous your interest.

In a positive morale, the range of closeness or relationship with anyone and also the environments should be determined if initiating Bitcoin associated discussion would be appreciated to the second party and though, maybe you don't just get yourself exposed that you invests on Bitcoin but literally having it an interesting discussion then if the person picks an interest then it is good and safe to make an obligation towards the persons response on achieving the goal

But on my case, I think it was safe and good. A lot of them are into digital marketing including Forex trading which has crashed in my country as a course of the federal government holding dollar exchange responsible for the devaluing of our traditional currencies naira (#).
And besides, we have been childhood friends and had bonded memories during school days.
Was not enough reason though but I sensed it that even if all won't be interested, there would be those who would and interestingly, it was beyond as thought.

When you invite your family or friends to invest in crypto, of course there are those who will accept your invitation and there are also those who reject it for various reasons they have. Of course we don't need to pay attention to those who don't follow suit, but we have to really teach them about investing and will It's better to advise them to continue to explore knowledge about crypto so they can make a profit.
Every beginner will of course panic when they see market conditions that are experiencing a decline and it would be better if they could use this moment to continue accumulating the assets they want to be able to make a profit when prices increase again.

I have tried my friends a few years ago with no luck at all, my friends were very skeptical.

Because the price per Bitcoin has risen massively since then I am more reserved about
putting my interest in Bitcoin out in the public, now I am of the mindset that the less people
know about my finances the better.

Bitcoin adoption will take care of itself with my handful of friends.

Making an another account just for the sake of spreading up Bitcoin information or for some exposure is really that something tedious on my part but if you do have that kind of passion for the sake of exposure and additional recognition and adoption then this is something commendable. Just like on what you are doing on which im not really that a fan on posting Bitcoin related or crypto related stuffs on my main account.
I would rather tend to be silent and having that in private rather than on being that too tactful and showy on what are the things that i've been dealing with. Im not really that saying im that too greedy
or being too selfish with the opportunity. Im not really just that a type of person who would really be tending to share up something. If ever there would really be someone asking up some questions then
i would really be just directing them into those basic websites explaining basic definitions about Bitcoin or crypto.

I cant really just that take up if ever there would really be those people who would really be blaming me on the time that their investment becomes negative.
I do have that bitter experience when it comes to this manner and this is why i have decided to cut it out.

Well I also open up my crypto investment with some of my friends and family before, only few find it interesting or become interested with crypto, then later on those few people got bored and quit.
They don't really want to stay when the market bleeds, they only joined crypto when it was raising or being hyped.
Most of my friends joined when Axie infinity was making such load noise on being P2E then after it falls down all of them just quit and didn't try other things in crypto.

We can’t just force people to stick with bitcoin. Not everyone can see the real value of bitcoin, that’s why some would not hesitate to leave most particularly when the market turns bearish and the price drops so low. Well, if these people leave bitcoin at its worst, then they don’t deserve bitcoin at its best. Just wait until bitcoin worth $100k above, I’m sure majority will regret and would be coming back to invest in bitcoin again.

I'll just say that nowadays it's neither desirable nor smart to target yourself - because regardless of your intentions and the fact that you think you're saying such things to your friends, have you ever asked yourself who all your friends are going to tell about it? Maybe you think that this is a way to attract more people to Bitcoin, but everyone who has access to the internet has access to information - and if they can't figure out what Bitcoin is by themselves, then they should stay away from investing in it.

Apart from that, I am of the opinion that it is very bad to meddle in someone's finances - and this especially comes to the fore when it results in a financial loss - who do you think is blamed in most cases by those who lose money?

pretending to be professional is a complete fooling because someone will believe you and follow what
you are saying because of that professionalism and in the end will drown them into losing because of wrong faith.

material thing can be replace anytime but the trust and respect? this cannot be bring back to
how it use to be because there will always be a sign of breaking.

But is your friend aware about your little knowledge? If yes then it was also his fault for not doing further research but it's your fault if you pretend to be a professional when in fact you are still a newbie to it. How about your relationship with your friend now? Are you guys okay now?

But, it's only money anyway and can always be paid, while friendship is something more valuable than it. Anyways, now that you are more confident, I suggest you can try it again but also prepare some disclaimer that whatever happens to them, it was still their responsibility, however it's up to you if you will also provide them free funds just to test things out.

Yeah, I have fake account in my social medias which doesn't linked with my real accounts, sometime I talk about Bitcoin using that account. It's one of way to promote Bitcoin without need to reveal myself, although we can also talk about Bitcoin in this forum, but people who join this forum already know what they doing, rather than someone who're not completely interested in Bitcoin.

Right now Bitcoin price is $68K, if Bitcoin price could reach $136K in the next year, do you think it's not worth to invest in Bitcoin?

If its a long time friend or someone whom you do grow old with then of course we would really be doing our very best on telling them on whats the best thing or approach that they should do.
We would really be having that kind of normal approach on telling them about the risks involved even though we arent that be sure for us to be profitable but at least we do share up the idea.
Cant really be denied or cant really be that ignored that when it comes to potential then Bitcoin could really give out those kind of probabilities but of course this is something that
cant really be that predicted.This is why to those who are tending to make out that kind of investment then you should really know on what you are dealing with.

Just make it sure that you shouldnt really be that making yourself that too optimistic towards your investment because it would really be that creating that kind of disappointment
on the time that you would really be experiencing negative with your investment Making up some suggestion wont really be that bad if you are really telling them
about the risks and possible reward.

I can not hit on you for sharing about the advantages of Bitcoin investment with your friends, these are your childhood friends and you've known them since your school days, so it's safe to discuss about Bitcoin with them. If it were a random forum where the common interests of the community is not crypto or finance based, then there'll be no need to bring up Bitcoin discussions there.

Personally I only discuss about Bitcoin with people whom I know that they're into cryptocurrency businesses, and I can only discuss it with someone that is not into crypto, only if I see a genuine interest from them to invest in a business that will give them genuine ROI. This decision is based on my experiences in the past when I adopted Bitcoin newly, there was no interest from most of my friends that I tried to tell about Bitcoin, and many among the friends thought that I wanted to scam them.

Public isn't limited to your friends and community lol. I mean you can tell people about Bitcoin on online forums where you're completely anonymous so limiting yourself to your community just, well, limits you.  And it's not really hiding, if they ask I'm more than willing to tell them that I do Bitcoin, if they don't then I don't see any reason why I should go out of my way to describe it and that they should also do it.

Plus realistically speaking, not really the best time to tell them to invest. I mean, we're already pretty high up. If it was back in 16k, hell yea if someone asked me I'd tell them to invest. Now? They'd still profit yes but not so much, which is probably not what they expect if they hear Bitcoin.

Personally I don't like introducing people to bitcoin or be the one to teach them, I'll only show them to a good source of information and have them make that decision on their own and if they carry on to ask me how do I start then I can take the lead and put them through, my experience with people has bern awful cause a friend of mine I introduced had little patient to wait for the price of bitcoin to go back up and sold at a lose and I felt bad for it, although then I had little knowledge like know and couldn't be much help to him.

It seems like you have to accept the fact that they will not return to bitcoin, the same thing as my friend, he once sold his bitcoin at a loss in 2020 where he bought the bitcoin during the bull run in 2018, he was really afraid at that time, even though I've said to be patient, now maybe he's embarrassed by me because I heard he went back to buying bitcoin a few months ago when bitcoin was bullish again. However, those who have already bought Bitcoin must feel a little bit reluctant to buy Bitcoin again, but they are still a little embarrassed or feel guilty for selling during a bearish market.

I think most of us have such friends or colleagues or even relatives because I faced similar experience with my parents and relatives when tried convincing them they didn't get convinced and when they invested the market went through bearish pattern and they cashout out with huge loss in the hurry and now I am being blamed for it. I have stopped convincing or even explaining about it to anyone unless they are interested.

With the disclaimer explained that investment is risky but they sometimes do not pay attention to this, they always think about profits and even the risk is put aside even though they have been told.

There are many friends asking, what is bitcoin and how to invest, then say again whether other coins are better than bitcoin while bitcoin prices are already high,. and many other questions are actually the most annoying when talking about investing to people who have never done it.

Then I myself don't want to be blamed, so maybe it can mock if the price goes down, even keep telling you this is why the coin is going down and I keep losing, keep babbling like asking for help so that it goes up again. This is what I avoid people.

I'd prefer to be private but in that kind of situation that someone really asks you and you're with the circle of friends, that's okay to say but see how the interest of their changes and focuses on you because everyone wants to hear about money. All they wanna talk is about money but if it's about the actual investing, they're the ones that will ghost you. And whether you explain and introduce them to Bitcoin or not, as long as you're using it, you're part of the adoption and making it grow everytime you use it.

So, that means you're contradicting about your contribution to grow bitcoin but at the same time, you're scared of the risk. Bitcoin's adoption is growing naturally whether you'd expose yourself or not to your friends and relatives that you are an investor.

Not meaning to pick or anything but, weren't you doubtful, or at least slightly apprehensive of where Bitcoin was going just prior or during the last proper ATH run (not this year's)?

Seem to recall that, and no, nothing wrong with that, I have my creeping doubts every year regardless of the markets -- just maybe I'm recalling that maybe every cycle asks us to sit up and reassess. You, especially, having rode more rodeos

I’ve been a bit disappointed by my friends this cycle. After nearly a decade of pestering them to get into Bitcoin, I had a group of friends dive in during the 2021 bubble. We had lots of fun shitcoining and the like… Unfortunately they didn’t stick around. I nagged them to buy the bottom, reminded them the entire ride up from $16K about the four year cycle and what was coming… They still haven’t got back in. I guess maybe at $100K they’ll start pitching the next Safemoon to me.

I think that should be our own initiative already by observing the crowd first and see if they are open to volatile investments or not, otherwise introducing bitcoin to them and giving them a glimpse of how it works and turn into profits might only be a waste of time, and throwing you a lot of questions but only criticize it in the end and leave negative impressions. I don’t want to be pessimistic but this is the reality about bitcoin. So as much as possible, I don’t tell everyone that I am into bitcoin, but only those who are closest to me knew that I am a bitcoin enthusiast.

Remember I did not preach to them to invest on Bitcoin with me, I only indicated that I am a Bitcoin investor and the fact I said I do not need their patronages attracted them to develop the interest of investing.

Here I quote.
Likely, to those of us who holds their Bitcoin assets on the long run, we know the dividends and those my friends has also been whispered of the marketing strategies.
If all can not hold to the core while the period of accounting profits may come, there would be rest of them to hold and they will give the good testimony of it and leave others regreted.

Besides... I never adviced or convinced them to invest but was all out of their willingness which I could not deny them the chances.

This is very common with beginners,  they always don't remember to ask about the risk in bitcoin,  they just feel so exacted about the profit that will be gained investing bitcoin.  It is good to let them know about the risk that is involved in bitcoin because beginner usually have a different mindset about bitcoin, it is better they have good understanding of bitcoin and not having a mentality of gaining quick profit in bitcoin.  Let them know the volatility of bitcoin, knowing all they need to know about Bitcoin will help them to make better decisions and not to have so much expectations from bitcoin.

not a good feeling when you are blamed for thier loss. the only people i have tried persuading to just put a little money on BTC are my immediate family my brothers and sisters but before i ever convince them, i even gave them BTC first because i don't want them to look at me like i'm trying to scam them.

i wanted them to learn the alternative which they can use the local BTC wallet to pay for what they can buy in some stores. and the advantage with BTC especially when they invest at the right time.

A lot of people will definitely be interested in it of course, there isn't really anything so wildly uninvestable about bitcoin and because of this there will be a lot of people who will want to invest as much as they possibly could to make this work, that doesn't mean that we are going to end up with nothing, I am just looking for a way to make it work one way or another, and that could definitely change things.

In the end, I feel like if you keep talking about it, of course others will want to join. I just don't do it because I feel like it is going to be quite difficult on the long run when the price falls and they are talking to you about when it will bounce back, I can't take that pressure and nagging in my life to deal with others.

If you talk to a few friends or family members, then that is good, at least you are giving them knowledge about Bitcoin and how potentially you can make money out of it by investing some today and then wait for at least a year and see how it goes for them. What we are afraid is talking about in public and someone hears it and then suspect that you are a bag holder of BTC and then followed and attack you personally.

But if you discuss to a few friends, I think you will be alright. And as you have said, you might help them and then at your own little way, you are giving Bitcoin to grow as some of your friends might be interested.

I don't know about those many guys but I think you haven't done anything wrong by doing that. I have also shared my Bitcoin and crypto investment with many members of my family and with my friends and I don't really care that how they consider my investment.

If they like the idea then they may get some interest in it and may also start investing on their own. I believe it's not worth it to hide your investment from your loved ones and from your friends who may also get interest in it after knowing that you invested in it.

I believe that's the best way to promote Bitcoin to those who don't know about it. If you are telling someone about your Bitcoin investment then you should also tell them about the risks of this type of investment and about the volatility of the market.

The first thing i expect that we all have to do when it comes to being amidst our contemporaries, we should learn to observe first before we make any move on introducing bitcoin to them, this will help us to have an idea on their approach towards it and if it will be an acceptable offer or not by the majority of the, the more reasons why you have discovered that many couldn't afford to tell others about what they do because they already know it will end into a mockery if they are not the kind that support for such.

Looks like you are close to them and seems that you trusted them so who are we to
question your decision since that is your money and your own decision to make, and besides
many of us have done this in the past believing that our friends and relatives may enter and
deposit here as we don't wanted them to be left behind but yeah only few that take the action
and many of them just deny the chance.

Disclaimer is always important since not everyone will easily understand that they have chance to lose their money, since there people became so greedy and if they lose they blame those people who teach them about bitcoin investment. That's why its important to warn them about those possible scams and other factors that needed to avoid so that they will not lose their money. After you said all necessary things which is important to look forward and they still got scam because they became greedy on those to good to be true offers then they can't blame us since we already warned them regarding on those matter.

We need to test out their emotion and tell every negative aspect about what they are trying to enter since if they still showing some interest then they are good candidate to teach about what we know about bitcoin.

Just don't forget a disclaimer that this type of investment is a very risky one and a volatile one. If you introduce this market to anyone, you should tell them the truth about this market as they may have high expectations about this investment. If you will clearly tell them about the repercussions on what may happen to their funds, and you have no control on this market, you won't be blamed. Because the movement here doesn't rely from anyone and no one knows, even those so-called experts.

They would really be pointing their fingers at you and would really be taking all the blame on the moment that they've seen their investment is on deep negatives. Im on such condition on which tons of my friends did ask
for handling out their money or would be making use for my trades since they do know that im dealing up with Bitcoin or cryptocurrencies on which they do believe that they could be able to generate that passive income
through me but i have rejected such offer and telling them that they are the ones who do make out such thing and invest for themselves. I did make or give up some guide about Bitcoin and tell them about the basics
and the most important thing is on the risks involved on dealing with crypto space. Im telling them that they shouldnt really be making themselves that too delusional because dealing up with crypt doesnt mean
that it would really be that an easy money.

Newbies would be normally be flocking out into things which they do seem that they could make easy money but without knowing the accompanied risks. They would really be making out those kind of realizations at the
moment that they will really be experienced on how fierce and unpredictable this market is.

That’s exactly why I don’t want to raise about bitcoin investment and get them convinced to invest. Because no matter what they say, once their investments turn into losses, they will definitely put me held responsible of their losses even how many times I did warn them about the risk that involves in bitcoin investment. Friends can be good to you if they benefit from bitcoin, but if it turns out the other way, they will surely mock and curse you wishing they have not known bitcoin at all.

Do you consider investing in Bitcoin as your profession? If so, that's probably not a good place to be.
If you're not a day-trader, then investing shouldn't take more than a fraction of your time, so there's no real reason not to develop some useful skill(s) and expertise in other areas, preferably something that could bring you a steady income or find a decent job.
It was a common theme on various forums during previous pumps, where people who "made it" (aka made life-changing profits) complained that it didn't feel half as good as they expected and they felt inferior to their peers who became experts in their respective professions and had something to show for themselves despite having less money than said crypto investors.
Just thought to consider.

One of the main things or lets say the single situation that i do really tend to avoid as much as possible is to let someone know that im involved with crypto neither having a Bitcoin or some coins. Even into my closest
friend or relatives on which i dont make myself that being exposed about on having some coins or dealing with crypto. You dont know on who would be the one to end up that kind of bad intent to you or
someone who do make out some curses just because they've seen you that you do have a good life or having that good financial state because of it. It would really be that normal that there will really be those
kind of questions on which it would really be talking on how did you do it? or into those questions on what are your secrets?

Its not really that bad on making some given direct links on what Bitcoin or crypto is on which you could point them there and tell them about on reading up with those things and learn up with the basics.
Just let them know about the risks involved but majority of noobs wont really be tending to care about it because they would really be coming after for the money and
wont be focusing too much about the risk involved and would really be directly making investment without thinking.

It is no more a thing as long as your government has not not banned cryptocurrencies. Unlike a decade ago, now you can freely announce that you have bitcoin because now bitcoin is just another investment thing that you can have in your portfolio. In my country, now I am seeing every stock analysts started speaking about cryptos as part of their routine market analysis. Here, portfolio managers suggest to have bitcoin up to 10% of your total networth. It all means that mass adaption of cryptocurrencies is happening right now, so being a bitcoiner is no more an unique thing.

Basic precautionary things are always recommended. In late 90's, ATM card holders were attacked in lonely streets and their cards were robbed. Such things are still happening but in less number compared to cyber attack and phishing. So, being careful in real life and online is always recommended and not just because of being a bitcoin (I agree that this is country specific and places where we live).

If they've multiply heard Bitcoin and didn't want to invest in Bitcoin, they just don't have 100% interest with Bitcoin.

Since you're their friends and they know you personally, if they know you're invest in Bitcoin, it will make them able put blame on you when something goes wrong. They might not blame in front of you, but they can blame and mock behind you especially when they're move on from Bitcoin and Bitcoin is currently in bear season.

One of the attractions of Bitcoin is that it is a digital currency that can be exchanged even in the country you are in, as long as there is a local exchange that also exchanges Bitcoin and cryptocurrency. The second is that it gives everyone the opportunity to prove that it can be a source of income.

Thirdly, it is a very effective long-term investment where, as long as it lasts, you will really experience future savings, let's say 5–10 years. Your bitcoin will surely have a great value if you can accumulate it even every month, let's say 50 dollars after 10 years.

I've done the same on some forums where I participate as well. Doing it while still anonymous and besides Trump is already doing it for the crypto community.

And you're right about spreading the word, it is however risky if people are watching the discussions and people know you have BTC. The growing number of crimes related to crypto can be a threat but it's all up to you if you live in a place where crimes are common.

Within some childhood and highschool friends, we have been actively connected through the social media groups.
So during the past weekend, we had a topic for the day tittled "Indicate your section of job or source of income so we could patronize each other".
Indeed it was great learning about lot of us venturing in meaningful and profitable basics but non ever mentioned Bitcoin.

So I indicated that I am a Bitcoin investor which I do not need their patronages based on the Bitcoin market structure. After much strategious plans of patronizing each other, my Bitcoin investment became the topic of the day were they all devoted interest to learn and be clarified about Bitcoin due to the fact I don't need their patronages .
Indeed everyone has always wanted a flexible kind of job that would be eased of stress after letting them know it is a digital investment.
I also told them to see the aspect of earning in the Bitcoin as investment that would be more benefitable if keying in for a long time goal as it is not a quick generating income as our labours and trading markets maybe.
Infact, I took the stage like the speaker of the day while indirectly my intention is to bring them into the industry.
Logically I never spoke of the risks involved because I expected them to ask what could be the risks involved because that would show some levels of their interests. It all happened as thought which I also cleared them up

After much about 5%-7% indicated "I am interested how do I start"?
Just in conclusion because it was a lengthy discussion I asked them to invest what is affordable to loose and keep to accumulate on the DCA with as much they can afford to loose while they acquires more knowledge about the Bitcoin market.
It is interesting to say even during the week, many are showing interest.
Meanwhile... many of them have heard of Bitcoin but never believed it is real while some were odd to it.

I guess many of you guys here will hit on me that it was risk of me exposing my Bitcon investment to the public but if I may ask in such case, how do we expect to achieve the widely adoption of Bitcoin users if we keep acting ghost of it?
Well, I do not also expect us to comfortably go out there and get exposed out of ignorance because it can as well be risky.